Govt. abolishes wireless operating licence, launches regulatory sandbox to ease trial permit.
Syllabus: GS-III, Subject: Economy, Topic: Industry and Industrial policies, Issue: Regulatory sandbox Context: The government abolished wireless operating licence system. It launched a regulatory sandbox for quick and online approval of product testing. Regulatory sandbox: It’s a controlled environment to experiment/test with new technologies or business models in a safe space (some relaxation of existing […]